One little person, giving all of her time to peace, makes news. Many people, giving some of their time, can make history.

And I have lived since - as you have - in a period of cold war, during which we have ensured by our achievements in the science and technology of destruction that a third act in this tragedy of war will result in the peace of extinction.

As for the promotion of peace congresses we have had our meetings and assemblies, but the promotion through them of the determined and effective will to peace displaying itself in action and policy remains to be achieved.

I cannot think of anything more difficult than to say something which would be worthy of this impressive and, for me, memorable occasion, and of the ideals and purposes which inspired the Nobel Peace Award.

It would be especially tragic if the people who most cherish ideals of peace, who are most anxious for political cooperation on a wider than national scale, made the mistake of underestimating the pace of economic change in our modern world.